605 N John Rodes Blvd - Light Manufacturing FOR SALE


Melbourne, FL 32934
$4,995,000 USD
321-258-7556
605 N John Rodes Blvd, Melbourne, FL for Sale
$4,995,000 USD
Light Manufacturing - FOR SALE
1/13
null | Request Cap Rate

605 N John Rodes Blvd
Melbourne, FL 32934


HIGHLIGHTS

  • 100% Occupied Single Tenant Office/Engineering/Manufacturing Facility
  • Est. 9,060 SF Office + 21,720 SF Production/Integration = 30,780 SF Total
  • 5-Year Term
  • 100% HVAC (Symphony EMS System). 100% Fire Sprinkler
  • City Desires Digital Light Drive Connection to John Rodes (north boundary)
  • Est. NOI $225,000 @ 7% CAP 30,780 SF = $3,215,000 + est. 14 Acres Industrial Land = $1,780,000

OVERVIEW

• 100% Occupied Single Tenant Office/Engineering/Manufacturing Facility. • Est. 9,060 SF Office + 21,720 SF Production/Integration = 30,780 SF Total. • 5-Year Term. Est. NOI $225,000 (7% CAP). • City Water/Sewer, Fiber, 3-Phase, 266/480 V, 600 Amps. • 100% HVAC (Symphony EMS System). 100% Fire Sprinklered. • City of Melbourne Desires Digital Light Drive Connection to John Rodes (north boundary). • Tenant is Data Flow Systems, LLC website: https://dataflowsys.com established in 1981, provides remote monitoring and control for water, wastewater, and stormwater utilities. In 2023 Data Flow Systems was acquired by SmartCover Systems a portfolio company of XPV Water Partners, per web site:https://smartcoversystems.com/stories/smartcover-systems-acquires-data-flow-systems-enhancing-its-collection-system-optimization-technology • Located between Ellis Road & Eau Gallie Boulevard. Near Wickham Road, US1 and three I-95 interchanges! Close to Melbourne International Airport, L3Harris, Northrop Grumman and numerous employers. Call today for details!

FOR SALE DETAILS

PRICE

$4,995,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

30,780 SF + est. 14 Acres Industrial Land

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

R&D, Manufacturing, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

200

LAND DETAILS

LAND ACRES

17.51

LAND SF

762,736

ZONING

M-1

APN/PARCEL ID

27-36-23-00-00500.2-0000.00

ASK ABOUT THIS PROPERTY

Michael UllianThe Ullian Realty CorporationMore Info
321-258-7556

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Michael UllianThe Ullian Realty CorporationMore Info
321-258-7556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.